The PEAD projected a neutral outlook for $AMBA after a positive under reaction following its earning release placing the stock in Drift A
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Just be patience with this one. I think the factor is easier business with JB on the stock. It was a good run during BO's run. Just a thought. And this thing broke the resistance, it will retest some lows still.
Pattern only valid at long entry level
Possible stop below Mid cup which is 52.9 or under handle low
This is an intra-year C&H pattern. Prior yearly high is 73.59 so there will most likely be R there
Just an observation
I see AMBA trading in an ABC pattern
Earnings are in September/Short is noted to be a bit high for my taste, but we are all different.
I have seen this stock surprise me in the past Weekly candle looks like she may pull back a tad
I also see a long term symmetric triangle and AMBA would need to break 60ish to get out
One thing I do like is this stock is not...
Based on the below fundamental, the idea is to go long. Technical Analysis does not give any significant signal of buying/selling.
The idea, based on Technical Analysis, is to wait to see if there will start a retracement price soon before buying.
Ambarella — The semiconductor company’s stock tumbled 4% in extended trading after Ambarella provided its...
short interest 9%.
Ambarella, Inc. engages in the development and sale of video compression, image processing, and computer vision solutions. It offers processors and software that cater to end markets including security cameras, automotive cameras, industrial and robotic applications, and consumer applications. The company was founded by Feng Ming Wang and Leslie...
Putting faith in the well respected channel
next move to the upside with $60 as upside target.
Short interest 8.98 %
Company profile
Ambarella, Inc. engages in the development and sale of video compression and image processing solutions. Its products include wearable cameras, flying cameras, and automotive video processing solutions. The company was founded...
Not too long ago AMBA was a Wall Street darling until Citron sniped them (one of their few good short calls). After three years of price action purgatory, AMBA looks ready to rock again. I"ll be watching for some red-to-green price action for an entry. I'd like a retest of the previous highs (~$65) but it doesn't look like it wants to get there.
Entry level $65.28
Target Price $73.14
Stop loss $62.23
Short interest= 9.53%
Average Recommendation:Overweight
Average Target Price:$62
Company profile
Ambarella, Inc. engages in the development and sale of video compression and image processing solutions. Its products include wearable cameras, flying cameras, and automotive video processing solutions. The...
AMBA can be seen to be displaying many chart patterns including, channels both ascending and descending, ALOT of Horn Tops, a rounded bottom, and an Adam & Adam double bottom. Recently a downward trend break can be seen, forming a new upward trend. This may lead to new upsides. Potential long opportunity.
The chart is still bullish and in a uptrend.
Await a move above 50 day moving average foe a possible buy signal.
Indicators have reset and revered.
May be a slight pullback to fill gap.
Stock sold off heavily on news of USA blacklisting 28 Chinese companies, may be overdone.
Short interest high @ 12%.
Market cap $1.73B takeover potential.
Company...
Ambarella used to be the darling few years ago.
So, is the worst over now?
Do your own Fundamental research.
But the charts are telling us that it is prime for a move to the upside and begins a new bull market rally.
But there are plenty of resistance and things will be more clear after breaking up the all time high.
Can Ambarella breaks that and go higher?...
